PontusTrader

BTC to 38-40k then crash

Short
INDEX:BTCUSD   Bitcoin
This monthly gap up here is a magnet. Price will tap it shortly but there is too much confluence of bearish factors.

1 - Back test (pullback) to 6 year broken support
2 - Resistance trendline
3 - FVG gap

This is just on the monthly.

I might be wrong but hedging with shorts in that area is wise.
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